Post Office Gram Suraksha Scheme Calculator

This calculator is handy for quickly comparing premiums and benefits of the Rural Postal Life Insurance (RPLI) Gram Suraksha Scheme without visiting the post office branch.

What is the Post Office Gram Suraksha Scheme?

The Gram Suraksha Yojana is a life assurance policy offered under the Rural Postal Life Insurance (RPLI) program. After 5 years, it can be converted into an Endowment Assurance Plan, giving policyholders both protection and savings. It's designed to provide long-term financial security to rural families at affordable premiums.

About Post Office Gram Suraksha Scheme Calculator

A Post Office Gram Suraksha Scheme Calculator helps you:

• Estimate the premium payable based on age, sum assured, and lifestyle habits.

• Decide on the most affordable coverage for your needs.

• Plan your financial goals by knowing how much you'll need to set aside in advance.

The calculator also considers factors like medical conditions, smoking habits, occupation, and premium payment frequency, making the results more personalized and accurate. It helps you choose an insurance plan that fits your needs and life goals.

How to Use an Online Post Office Gram Suraksha Scheme Calculator?

The steps to compute Post Office Gram Suraksha scheme premium are very easy and hassle-free. The calculator for this scheme is readily available on the insurer's official website; anyone can easily access it. On visiting the website, you might be asked to follow the steps:

Step 1: Click on the ‘Purchase a Policy’ tab and then select ‘Quote’

Step 2: Then, enter the following details:

• Mobile Number

• Name

• Gender

• Email ID

• State

• Pin Code

• Date of Birth

• Type of Product

• Sum Assured

• Occupation

Step 3: Enter the captcha code

Step 4: Click on Get Quote

Step 5: After that, the results will be displayed on the screen.

*Note: You can firstly understand what is term insurance and then use the Post Office Gram Suraksha Scheme Calculator.

Benefits of Post Office Gram Suraksha Scheme Calculator

Post Office Gram Suraksha Scheme calculator comes with several benefits. It is simple and easy to use and also quick and precise. Using this calculator, you can compare different RPLI plans offered by the post office and calculate the premium of all the plans in a single go. Following are the important benefits of a Post Office Gram Suraksha Suraksha calculator:

1. Time-Saving

   This online tool helps you find a suitable plan in a couple of minutes. With a Post Office Gram Suraksha Premium Calculator, you can directly purchase a plan online mode, without the interference of any agents.

2. Affordability

   If you are searching for an affordable term insurance plan. In that case, you can use an online Post Office Gram Suraksha scheme calculator to calculate the premium amount that best fits your budget and requirements.

3. Compare Different Scenarios

   Adjust the coverage, age, or policy term to see how the premium changes.

4. Choose the Right Coverage Amount

   A Post Office Gram Suraksha Scheme calculator provides you with an estimate of the right coverage amount. It helps cover your family’s financial requirements, liabilities, and the premium payable under the insurance plan. The choice of coverage depends on different parameters like age, current liabilities, yearly income, medical conditions, and other parameters.

5. Helps in Financial Planning

   The Post Office Gram Suraksha scheme calculator helps you know the amount of premium to be paid immediately. Once you get to know the premium you are required to pay regularly, you can plan your financial budget accordingly.

6. Financial Planning Tool

   Knowing your premium in advance can help you align it with your monthly or yearly budget.

*Note: If you also want to calculate the premium amount of your term life insurance plan, you can use the term plan calculator.

What Are the Factors Affecting the Post Office Gram Suraksha Scheme Calculator?

The following parameters play an important role in estimating the Post Office Gram Scheme premium rates:

• Policy Term: The tenure of the term plan selected by the life assured determines the premium amount payable.

• Premium Payment Tenure: Policyholders can choose to pay premium amounts monthly, quarterly, bi-yearly, or annually.

• Life Cover: The life cover amount chosen by the life assured affects the premium rates of the Post Office Gram Suraksha scheme.

• Age: The age of the policyholder at the time of purchasing the policy is an important factor. With the increase in age, the premium prices also increase.

• Lifestyle Habits: Your smoking habits will also be considered while calculating the premium rates. The premium rates are higher for smokers than non-smokers.

• Premium Payment Option: You can choose to pay a premium from the following options:

  • Single Pay

  • Regular Pay

  • Limited Pay

Post Office Gram Suraksha Scheme Chart

Many people search for the Post Office Gram Suraksha Scheme Chart to get an idea of maturity values, premium rates, and age-wise benefits. While the official chart is available on the India Post site, the calculator provides an easier way to estimate values without manual calculations.

Wrapping It Up!

The process of purchasing the Post Office Gram Suraksha scheme was loaded with several problems like visiting their branch and waiting for long to get the details. Now, the use of this online tool has considerably reduced the time and made the process hassle-free. It gives immediate results and accurate estimations inclusive of all the taxes. It is a good idea to use the tool to make an informed decision.

Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.

Note: Check out the best term life insurance in India and choose one that suits your requirements.

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